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Journal : Business Management

The Role of Workload and Work Motivation in Shaping Employee Performance in Public Infrastructure Organizations in the Electricity Transmission Sector Zulfahmi, Zulfahmi; Pratama, Aryan Agus; Febisatria, Andhi; Zarazwanty R. Laega, Eureka Try; Sipayung, Leonardo Davidsi
Business Management Vol 5, No 1 (2026): Business Management Februari
Publisher : Lembaga Penelitian dan Pendidikan (LPP) Mandala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58258/bisnis.v5i1.10342

Abstract

Employee performance is a key factor in the success of public infrastructure organizations, particularly in the electricity transmission sector, which operates in a high-risk and highly regulated environment. This study aims to analyze the role of workload and work motivation in shaping employee performance in public infrastructure organizations in the electricity transmission sector. The study uses a quantitative approach with a causality design and was conducted at PT PLN's Makassar Transmission Implementation Unit. Data were collected through questionnaires administered to 60 permanent employees selected using purposive sampling. Data analysis was performed using multiple linear regression preceded by validity, reliability, and classical assumption tests. The results show that workload and work motivation each have a positive and significant effect on employee performance. In addition, these two variables simultaneously have a significant influence, explaining 57.4% of the variation in employee performance. These findings indicate that in the context of an electricity transmission organization as a high-reliability public organization, a proportionally managed workload supported by adequate work motivation can encourage improved employee performance. This study provides empirical contributions in clarifying the mechanism of employee performance formation in the electricity sector and serves as a basis for more effective human resource management in public infrastructure organizations.
Overconfidence and Trading Decisions of Novice Investors: A Mediation Analysis of Risk Propensity and the Moderating Role of Financial Literacy Laega, Eureka Try Zarazwanty R.; Rizky, Alifia Ainun; Fattah, Arsianita Nur; Zulfahmi, Zulfahmi; Febisatria, Andhi
Business Management Vol 5, No 1 (2026): Business Management Februari
Publisher : Lembaga Penelitian dan Pendidikan (LPP) Mandala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58258/bisnis.v5i1.10388

Abstract

This study investigates the psychological mechanisms underlying trading decisions among novice investors in Indonesia. Drawing upon behavioral finance and Prospect Theory, the research examines the effect of overconfidence on trading decisions, incorporating risk propensity as a mediating variable and financial literacy as a moderating variable. A quantitative explanatory approach was employed using primary data collected through an online survey of 220 novice investors with less than two years of investment experience. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to test both direct and indirect relationships. The findings reveal that overconfidence has a positive and significant effect on trading decisions. Overconfidence also significantly increases risk propensity, which in turn positively influences trading decisions, indicating partial mediation. Furthermore, financial literacy weakens the positive relationship between overconfidence and trading decisions, suggesting that higher financial knowledge functions as a partial buffer against cognitive bias. This study contributes to the behavioral finance literature by clarifying how cognitive bias translates into actual trading behavior within an emerging market context. The results highlight the importance of strengthening financial literacy and behavioral awareness to improve the quality of investment decision-making among retail investors.